Sensex, Nifty Open Lower On Economic Concerns

RTTNews | il y a 2
Sensex, Nifty Open Lower On Economic Concerns

(RTTNews) - Indian shares were a tad lower on Friday due to concerns over U.S. tariffs and the likely impact on the country's GDP growth.

The benchmark BSE Sensex was down 192 points, or 0.2 percent, at 80,993 in early trade while the broader NSE Nifty index slid 76 points, or 0.3 percent, to 24,692.

Tech Mahindra, Infosys, Maruti Suzuki India, Power Grid Corp, Tata Motors, Mahindra & Mahindra, Tata Steel and Sun Pharma fell 1-3 percent while Asian Paints and Hindustan Unilever both were up around 2 percent.

Coal India rose about 1 percent despite reporting a 20 percent decline in Q1 net profit.

City Union Bank rallied 2.7 percent as first-quarter profit jumped 16 percent on higher income.

PB Fintech fell 1.6 percent after announcing its Q1 results.

ITC gained 1 percent and Adani Power rose half a percent ahead of their earnings results.

Gokaldas Exports fell over 2 percent and Pearl Global slumped 6 percent as the Trump administration cut the tariff on Bangladesh to 20 percent from the 35 percent that was imposed earlier in April.

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Thai Stock Market Expected To Open In The Red Again On Monday

Thai Stock Market Expected To Open In The Red Again On Monday

The Thai stock market has moved lower in consecutive trading days, falling more than 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,220-point plateau and it's likely in for a rough ride again on Monday.
RTTNews | il y a 19 minutes
Indonesia Bourse May Turn Lower Again On Monday

Indonesia Bourse May Turn Lower Again On Monday

The Indonesia stock market on Friday halted the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just shy of the 7,540-point plateau although it's likely to head south again on Monday.
RTTNews | il y a 49 minutes
Japanese Market Sharply Lower; Down 2%

Japanese Market Sharply Lower; Down 2%

The Japanese stock market is trading sharply lower on Monday, extending the losses in the previous session, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 tumbling more than 2 percent to well below the 39,950 level, with weakness across all sectors led by exporters, automakers and financial stocks.
RTTNews | il y a 50 minutes
No Help Yet For Hong Kong Stock Market

No Help Yet For Hong Kong Stock Market

The Hong Kong stock market has tracked lower in four straight sessions, dropping more than 1,050 points or 4 percent along the way. The Hang Seng Index now rests just above the 24,500-point plateau and it's expected to open in the red again on Monday.
RTTNews | il y a 1h 4min
Lower Open Predicted For China Stock Market

Lower Open Predicted For China Stock Market

The China stock market has finished lower in consecutive trading days, sinking more than 55 points or 1.7 percent along the way. The Shanghai Composite Index now sits just shy of the 3,560-point plateau and the losses may accelerate on Monday.
RTTNews | il y a 1h 19min
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is slightly lower on Monday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying just above the 8,650.00 level, with weakness in energy, financial and technology stocks partially offset by strong gains in mining stocks.
RTTNews | il y a 1h 19min
Taiwan Stock Market Tipped To Open Under Pressure On Monday

Taiwan Stock Market Tipped To Open Under Pressure On Monday

The Taiwan stock market on Friday snapped the two-day winning streak in which it had gained more than 340 points or 1.9 percent. The Taiwan Stock Exchange now sits just above the 23,430-point plateau and it's expected to see continued consolidation on Monday.
RTTNews | il y a 1h 49min
Singapore Shares May Take Further Damage On Monday

Singapore Shares May Take Further Damage On Monday

The Singapore stock market had finished lower in six straight sessions, surrendering almost 120 points or 2.9 percent along the way. The Straits Times Index now sits just above the 4,150-point plateau and it's expected to open under pressure again on Monday.
RTTNews | il y a 2h 19min